
PayPal Completes Acquisition of Xoom
PayPal has completed its previously announced acquisition of Xoom. In accordance with the terms of the acquisition agreement announced on July 1, PayPal acquired all of the outstanding shares of Xoom More...

PayPal on hunt for takeovers after eBay split
On July 1st PayPal, Inc. and Xoom Corporation (NASDAQ:XOOM), a digital money transfer provider, announced a definitive agreement under which PayPal will acquire Xoom for $25 per share in cash or More...